Truthout
News Analysis
Breaking Down the Mortgage Settlement: How Far Does $26 Billion Go?
The big bank settlement over mortgage servicing abuses was finalized last week, detailing the agreement's actual terms. Bank of America, Citigroup, Ally Financial (formerly GMAC) and JPMorgan Chase are …
Fracking: Corruption a Part of Pennsylvania’s Heritage
The history of energy exploration, mining, and delivery is best understood in a range from benevolent exploitation to worker and public oppression. A company comes into an area, leases …
The Invisible Poverty of “The Other America” of the 1960s Is Far More Visible Today
Fifty years ago (in March 1962) Michael Harrington wrote a book, “The Other America: Poverty in the United States” - a haunting tour of deprivation in an affluent society …
Up, Up and Away: How Money Power Works Down Under
One of my first jobs as a junior reporter was to meet flights bringing famous people to Australia. Growing up in a country far from everywhere (except, as my …
Lockheed: The Ultimate Pay-to-Play Contractor
Loren Thompson is one of those people in Washington, DC, circles that wears several hats. He is the chief operating officer for the nonprofit Lexington Institute, a think tank …
A Colossal Mistake of Historic Proportions: The “JOBS” Bill
From the 1970s until recently, Congress allowed and encouraged a great deal of financial market deregulation – allowing big banks to become larger, to expand their scope, and to …
Details of Talks With IAEA Belie Charge Iran Refused Cooperation
Iran's permanent representative to the IAEA, Ali Asghar Soltanieh, says that the February talks came close to a final agreement. (Photo: Dean Calma / IAEA) Vienna - The first …
Wall Street Confidence Trick: The Interest-Rate Swaps That Are Bankrupting Local Governments
The “toxic culture of greed” on Wall Street was highlighted again last week, when Greg Smith went public with his resignation from Goldman Sachs in a scathing op-ed published …
Nonviolent Protests in Russia: About the Elections, or Also for the Future?
Only two years ago, civil protests would have been of marginal interest to most Russians.... The full sweep of these nonviolent actions has embraced all the major population centers, …
Walking While Black: Florida Police Resist Calls to Arrest Shooter of Unarmed Teen, Trayvon Martin
The Justice Department and the FBI have announced they will conduct a criminal probe of the killing of unarmed 17-year-old Trayvon Martin and the ensuing police investigation that allowed his killer …